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it's really a -- you know, when chancellor merkel flies from berlin to beijing, 20 c.e.o.s get off right behind her and they've got their hands out, right? and they're saying "give me more business." and we don't need to do it exactly that way but we need the administration, every administration, to be out there selling with us as we go around the world. look, for every job that we have in export there is's another eight in the supply chain. every small and medium supplier benefits as we go sell. >> rose: you mentioned the president. you have developed -- how would you characterize the relationship? you're on the jobs and you're on the debt commission, he clearly respects you. what's the relationship? >> i think strong -- very strong mutual respect. phenomenon a way that we can communicate and things like that. so i say deep personal respect. >> rose: and if he would call you up and say "i need you for my second term"? >> i'd say i've had the honor of serving you already, mr. president, and it's a good time to -- >> rose: but it's hard to turn the president down. >> i think he's going to
it's really a -- you know, when chancellor merkel flies from berlin to beijing, 20 c.e.o.s get off right behind her and they've got their hands out, right? and they're saying "give me more business." and we don't need to do it exactly that way but we need the administration, every administration, to be out there selling with us as we go around the world. look, for every job that we have in export there is's another eight in the supply chain. every small and medium supplier benefits as...
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Dec 28, 2012
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a litmus test, alistair, do you think that we can look ahead and see whether or not merkel is going to do well or poorly when she goes to the polls? >> i think markets will be tempted to do that. the key point here, louisa, is that the balance of power in sacksny is also a parallel to the balance of power in germany. it does look like the two main opposition parties could seize power from cdu in lower saxony, despite the fact that they're going to win the plurality. less than 5% in all likelihood, which means they don't get seats in the regional parliament. now, we could see that pattern repeated at the federal level. but at the moment, i have to say opinion polls in germany at the federal level are pointing firmly to a cdu/spd grand coalition after the election next september or october. does it matter? well, you know, a lot of people are saying if we finish up with an spd green government in germany, surely there will be more forgiving of the peripherals, more inclined to be helpful in the eurozone. yes, i think theymight. which is not hugely in favor of paying taxes in order as they
a litmus test, alistair, do you think that we can look ahead and see whether or not merkel is going to do well or poorly when she goes to the polls? >> i think markets will be tempted to do that. the key point here, louisa, is that the balance of power in sacksny is also a parallel to the balance of power in germany. it does look like the two main opposition parties could seize power from cdu in lower saxony, despite the fact that they're going to win the plurality. less than 5% in all...
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netanyahu's remarks come ahead of a sit-down with german chancellor angela merkel. that is quick look at the headlines making news at this hour. thank you, tracy. tracy: uma pemmaraju thank you very much. >> you're welcome. tracy: the country's largest port complex is up and running of a strike that lasted more than a week. adam housley is the at port of los angeles with the latest. what is going on, adam? >> tracy much different than what we saw here yesterday. in fact much different than we heard here yesterday. throughout the report you might hear train horns. we haven't heard them in last couple seconds. throughout the morning all you seem to here is train horns and ship horns. that means activity is back on here in los angeles. 44% of the all cargo moves through here. you see a couple of ships that will be loaded here shortly as the port is getting back into full gear. for eight days a strike from about 800 clerical workers which was honored by about 10,000 longshoremen shut down 90% of the this port. by many estimates it costs about $700 million a day as this
netanyahu's remarks come ahead of a sit-down with german chancellor angela merkel. that is quick look at the headlines making news at this hour. thank you, tracy. tracy: uma pemmaraju thank you very much. >> you're welcome. tracy: the country's largest port complex is up and running of a strike that lasted more than a week. adam housley is the at port of los angeles with the latest. what is going on, adam? >> tracy much different than what we saw here yesterday. in fact much...
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Dec 6, 2012
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. >> has anybody spoken to angela merkel to see whether she's happy with this? >> apparently both governments say they're happy with this decision. but -- >> after the last time when they didn't bother to check with the german chancellor and assured us that it was all fine. i just wonder if that's done it properly this time. stefane, thanks for that. off to japan thousanow where ni has had a set back. the story from tokyo. >> nissan says it was recall half a million compact calls starting tomorrow. it covers the c plus c produced between february 2002 and february 2009. rear lights may not work when reversing and braking due to wiring problems and they will offer free repairs. the problem hasn't caused any accidents or injuries so far and only applies to cars sold it in japan. in china, auto sales are slowly recovering and this is good it news for nissan as the chinese market accounted for 26% of its global sales in fiscal 2011. more than its japanese peers. nissan sales in most of were down 30% from the previous year, but a slight improvement from october when
. >> has anybody spoken to angela merkel to see whether she's happy with this? >> apparently both governments say they're happy with this decision. but -- >> after the last time when they didn't bother to check with the german chancellor and assured us that it was all fine. i just wonder if that's done it properly this time. stefane, thanks for that. off to japan thousanow where ni has had a set back. the story from tokyo. >> nissan says it was recall half a million...
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Dec 4, 2012
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and in germany, angela merkel is officially launching her campaign for re-election. she's said to be wlauded for her solid leadership. the result is expected to set the stage for the federal poll national elections which take place in september. we'll talk about oracle returning cash to shareholders. plus it's just about time to break out your skis and head to the mountains. we'll find out what the financial forecast for the skiing results will be as full as they hope the slopes will be. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. >>> jobless claims increased by 1.5%, that pushed the total number of job seerks to 4.9 milli
and in germany, angela merkel is officially launching her campaign for re-election. she's said to be wlauded for her solid leadership. the result is expected to set the stage for the federal poll national elections which take place in september. we'll talk about oracle returning cash to shareholders. plus it's just about time to break out your skis and head to the mountains. we'll find out what the financial forecast for the skiing results will be as full as they hope the slopes will be. people...
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Dec 4, 2012
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it is interesting, i think, both angela merkel attended today her party conference, the cdu, the christian democrats, conservatives, she launched her campaign to run germany for a third time. the election is in the third quarter of next year. she actually warned against premature optimism over the crisis saying the worst is not over and we must be cautious going forward. now to a certain extent she would say that, would she not? otherwise we're not out of the woods. keep me in charge. but that was the message that came out of germany today. elsewhere as we kind of wait for things to happen, it's interesting the bond markets continue to rally. we were talking about this yesterday that greece has priced the debt buyback where it has. it will be more generous and next week they're likely to get their money from the rest of the european union. taking some of those concerns back out of the market so, again, today the spanish bond market rallying and, therefore, the yield forming. still above 5% but falling. it's also true of italy. there the yields are down. take a look at where we are on the t
it is interesting, i think, both angela merkel attended today her party conference, the cdu, the christian democrats, conservatives, she launched her campaign to run germany for a third time. the election is in the third quarter of next year. she actually warned against premature optimism over the crisis saying the worst is not over and we must be cautious going forward. now to a certain extent she would say that, would she not? otherwise we're not out of the woods. keep me in charge. but that...
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Dec 24, 2012
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the backing of italy's business community, as well as international support from german chancellor merkel. recent polls show voters are far less enamored of monti's tax increases, spending cuts and reforms to entitlement programs. >>> and the race will be complicated by former prime minister silvio berlusconi who stepped down in november two thud eleven amid sex scandals and a crumbling economy. he told cnbc italy that he doesn't want to run for prime minister but he feels obligated to do so. coming up, what do you need to know about the economy and the markets in the new year? the asset classes and sectors that will hopefully make you some money next year, right after the break. >> wednesday on "squawk box," christmastime's through, but members of congress have lots more to do. rise above party, find cuts for spending, and figure out how to keep tax cuts from ending. our leaders are angry, the speaker's perplexed, watch "squawk box" on wednesday to find out what's next. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain
the backing of italy's business community, as well as international support from german chancellor merkel. recent polls show voters are far less enamored of monti's tax increases, spending cuts and reforms to entitlement programs. >>> and the race will be complicated by former prime minister silvio berlusconi who stepped down in november two thud eleven amid sex scandals and a crumbling economy. he told cnbc italy that he doesn't want to run for prime minister but he feels obligated to...
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Dec 14, 2012
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a very good week for merkel. she has basically cleared her in tray of potential near-term problems. remember this is the week they agreed to give greece now within days 34 billion euros. they've done a deal where the ecb will regulate the biggest banks in europe and, importantly, the germans will be exempted, state run banks, savings banks. so the skeletons can stay in the german closet there as far as the banks are concerned. that was important for the germans. it is ironic in a year when so many people called for a breakup the european union this summit, poland actually said we'd like to start off applications to become the 18th member of the eurozone. that will play out during the course of next year. as far as the stock markets are concerned, today is relatively flat overall. no follow through from china which i mentioned earlier. i thought it was very interesting. here you go. >> the european markets are closing now. >> some are red. some are green. if you check the data you'll see we haven't really moved at all today. china was up 4%. shanghai was up 4% overnight. normally you
a very good week for merkel. she has basically cleared her in tray of potential near-term problems. remember this is the week they agreed to give greece now within days 34 billion euros. they've done a deal where the ecb will regulate the biggest banks in europe and, importantly, the germans will be exempted, state run banks, savings banks. so the skeletons can stay in the german closet there as far as the banks are concerned. that was important for the germans. it is ironic in a year when so...